Nifty Bank Index - Intraday Analysis - 24th Oct., 2025

BANKNIFTY — Chart Pathik Insights

Bank Nifty starts the day at 57,981, coming off persistent selling pressure and now consolidating just below the zero line at 58,078. As volatility remains high ahead of expiry, today’s mapped levels offer strategic zones for traders to anchor bias and manage risk with clarity.

Bearish Framework:
Short bias is actionable below 58,191, especially if the recovery attempt gets rejected near the add-long zone (58,264) or fails to reclaim lost ground.

Downside Targets:
57,691: First support/target for short trades, ideal for covering scalps.
57,452: Deeper extension if the trend turns relentless.

Risk Management: Hold shorts below 58,130 but reevaluate if the session reclaims and sustains above 58,264.

Bullish Framework:
New long opportunities open above 58,338, confirmed by closes over 58,399 and extension to higher resistance.

Upside Targets:
58,465: Immediate resistance for profit booking or scaling out.
58,704: Stretch target for major upside continuation.

Risk Management: Best to lock longs using 58,264 or 58,191 as your tactical stops.

Neutral Reading:
The 58,078 zero line is the key balance marker—expect range-bound, choppy action if price clings to this band through the morning. Wait for forceful conviction beyond this range to play for durable momentum.

Deploy these levels to keep your trades systematic and your expectations realistic. Boost, comment, and share if today’s plan aligns with your approach—your engagement drives this daily effort.

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